Thread by @AmazingCreditC

🤝💳Axis Bank & Flipkart have launched a new co-branded debit card for Advantage Savings Account holders.

🛍️ The Axis Bank Flipkart Debit Card

💡Here’s a clear breakdown of its features, benefits, fees, and who should consider it

Read the thread below 🧵👇

The Flipkart Axis Bank Debit Card is available only with the Axis Bank Advantage Savings Account.

✅ Only for new & existing customers of the Axis Bank Advantage Savings Account.

💰 You must maintain a ₹25,000 Monthly Average Balance (MAB) in this account to keep it active.

1️⃣Cashback Benefits:

💳 5% cashback on Flipkart spends (including UPI linked to the Advantage Savings Account).

📅 Minimum spend of ₹3,500/month to qualify.

💰 Max cashback: ₹750/month.

⏳ Credited within 90 days from month-end.

🏦The cashback will be credited to the customer's linked Savings Account.

2️⃣Cashback Exclusions

❌No cashback on:

•Utilities, fuel, jewellery
•Insurance, charities, rent payments
•Wallet loads, education fees
•Govt. services, transport, cash withdrawals

3️⃣Other Perks

🍽 15% off on EazyDiner’s 10,000+ partner restaurants (up to ₹500/month).

🛡 Insurance cover:

•₹5L Personal Accident
•₹1Cr Air Accident
•₹50K Purchase Protection

4️⃣Other Limits:

💵 Daily cash withdrawal limit: ₹50,000

🛒 Daily purchase limit: ₹5,00,000

5️⃣Fees & Charges:

•Joining fee: ₹500
•Annual fee: ₹500
•Card replacement: ₹200 + GST

🔟The Trade-off:

This card works well if you already shop often on Flipkart and maintain ₹25K MAB.

If not, the savings account requirement + spend condition may not justify the benefits.

✅Go for the axis Flipkart credit card which is being issued FYF: bitlii.cc/en/1pFIdx

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